By BO Staff Writer On Wednesday, news emerged that Steinhoff CEO, Markus Jooste, had resigned amid a fraud and corruption scandal at the Johannesburg and Frankfurt listed company. Ben la Grange, Steinhoff CFO and CEO of Steinhoff African Retail (STAR), a part of Steinhoff which includes the control of Shoprite, also resigned. The share price …
By BO Editorial Collective CHAPTER 11 of the BLACK AGENDA on corruption indicates a veil of deception over apartheid era crimes involving corruption and a recognition that corruption, which was symptomatic of the colonial structural logic, continues to characterize and shape our current reality. To this end the current trend of corruption cannot be eliminated …
The revelation by Business Day last Friday that it had discovered a big scandal regarding Auction Alliance’s unholy alliance with banks, auctioneers, liquidators and attorneys which is about making profits out of marketing and selling people’s homes and businesses didn’t strike Black Opinion as a big deal. What surprises us is that the matter is …